Feed Enzymes Market by Type (Phytase, Carbohydrase, and Protease), Livestock (Poultry, Swine, Ruminants, and Aquatic Animals), Source (Microorganism, Plant, and Animal), Form (Dry and Liquid), and Region - Global Forecast to 2025
[266 Pages Report] The global feed enzymes market size is estimated to account for USD 1.3 billion in 2020 and is projected to reach USD 1.9 billion by 2025, recording a CAGR of 8.1% during the forecast period. The market is driven primarily by the growing concern regarding animal health and the demand for an increase in the nutrient uptake of feed.
COVID-19 Impact on the Global Feed Enzymes Market
The feed enzymes market includes major Tier I and II suppliers like Cargill, Incorporated, BASF SE, DuPont, Bluestar Adisseo Co., Ltd., and Koninklijke DSM NV. These suppliers have their manufacturing facilities spread across various countries across Asia Pacific, Europe, North America, South America, and RoW. COVID-19 has impacted their businesses as well. Though this pandemic situation has impacted their businesses as well, there is no significant impact on the global operations and supply chain of their feed enzymes. Multiple manufacturing facilities of players are still in operation.
- In April 2020, BASF SE took the decision to stop its “smart Verbund project,” which was in the initial phase with a planned investment of USD 10 billion. They started the construction on a plant complex in Zhanjiang, China, in November 2019, which had stopped due to the outbreak.
- On February 20, 2020, BEC Feed Solutions stated it had commenced work to redevelop its Carole Park location into a new state-of-the-art manufacturing facility. The new facility will feature a manufacturing plant equipped with integrated technology unique to the premix industry, a new warehouse, and adjoining contemporary two-story office building, which will significantly increase their production.
Market Dynamics
Driver: Provision of feed cost-efficiency
Feed production accounts for a major operational cost, which involves 50%–60% of the total cost in livestock production. Therefore, reducing feed costs per livestock remains a priority for every livestock rearer. The potential to improve the digestibility of feed depends largely on the nutritional value of the diet itself. It has been shown that feed can account for up to 90% of the variance in response to enzyme addition. By improving digestibility, the nutrient density of diets and production costs can be reduced. By considering the overall effect of enzymes on the indigestible dietary fraction, feed enzymes are used to maintain livestock performance, while reducing feed costs.
Restraint: Higher inclusion rates of enzymes to have adverse effects
Although feed enzymes significantly impact the growth of the livestock industry, there are physiological limits imposed by the conditions to enzyme responses in the digestive tract of livestock. Excessive levels of feed enzymes could affect the levels of endogenous enzymes in the gastrointestinal tract, with adverse effects on health. Variations in the level of this effect depend on many factors, such as age, type of diet, and enzyme inclusion rates in feed products. Feed enzymes may trigger several side effects, including vomiting, gas, diarrhea, and swelling of the legs and feet. In addition, some animals may experience allergic reactions to digestive enzymes. For instance, Bromelain, the enzyme from pineapple, has anti-platelet properties. If this enzyme is fed to livestock in excessive quantities along with feed, it could increase the risk of bleeding as acts as a blood thinner.
Opportunity: Innovation in phytase production processes
Through preliminary research, it is known that some fungi are able to grow in POME (palm oil mill effluent) and have the ability to produce phytase enzymes. The utilization of phytase enzymes containing feed products for monogastric and digastric livestock could increase the efficiency of nutrient uptake and livestock resistance to disease attacks. Palm oil mill effluent (POME) is one type of waste that has not been used widely in enzyme production. Some fungi that grow on POME indicate their capability of producing phytase. Most of the POME is disposed of and pollutes the environment. Besides, POME is one of the wastes that contain large concentrations of carbohydrates, proteins, nitrogen compounds, lipids, and minerals. Therefore, they also act as an excellent raw material for bioconversion by biotechnological techniques.
Challenge: High R&D investments
The feed industry needs high R&D investments and enzyme development and manufacturing capabilities to produce high-quality feed enzymes at globally competitive prices. They require enhanced infrastructural strength that comprises equipped labs for molecular techniques, such as metagenomics and genomics, which are used to discover new enzymes. This initially requires high investments, and the majority of the manufacturers have a limited number of R&D facilities. Therefore, this challenge can be overcome by collaborating with different R&D companies that have qualified and experienced teams. Some manufacturers also acquire companies to increase their R&D capabilities by adopting various technologies. For instance, Advanced Enzyme Technologies acquired Evoxx Technologies, to increase their R&D capabilities with the adoption of ‘Directed Evolution’ technology, which helps it create desired enzyme molecules. High investments in R&D activities is also projected to help manufacturers to launch new products frequently, thereby enabling them to produce new types of enzymes.
Based on type, the carbohydrase segment is the fastest-growing market during the forecast period
Carbohydrase, are preferred by most animal feed manufacturers and livestock producers to be used as an enzyme. Thus, the segment is estimated to be the fastest-growing in the feed enzymes market during the forecast period.
The inclusion of carbohydrase in the feed offers many advantages to the livestock. Monogastric animals are typically able to digest around 90% of available starch, but carbohydrase helps them improve this percentage. Carbohydrase enzymes are also very effective in increasing the amount of energy made available from feed ingredients.
The microorganism segment, by source, is projected to dominate the market during the forecast period.
The microorganism segment dominated the market during the forecast period, owing to the higher use of these sources to extract feed enzymes. Microorganisms remain highly prominent and suitable hosts to produce stable and industrially important feed enzymes. Enzymes extracted from microorganisms are of great importance in the manufacturing of animal feed. Currently, molecular techniques, such as metagenomics and genomics, are used to discover microbial enzymes, which are used in the feed industry to improve feed quality.
Based on livestock, the swine segment is projected to be the second-largest market during the forecast period
After poultry, the swine segment dominates the market during the forecast period. Since swine livestock is unable to utilize all components of its diet fully, specific enzymes can be added to the feed to help break down complex carbohydrates, protein, and phytate, through carbohydrase, protease, and phytase. Carbohydrases are the most effective in the diet of starters. The main carbohydrate in the swine diet is glucose, provided by starch in corn. More than 95% of the starch in corn can be digested. However, not all carbohydrates in corn are starch. The more complex carbohydrates are called fibers and are not well-utilized by pigs. Enzymes enable the digestion of such unutilized fibers.
The recent COVID-19 pandemic is expected to impact the feed enzyme industry moderately. The entire supply chain is disrupted due to a limited supply of enzymes. Even though the demand for feed has been relatively stable, the supply has been significantly impacted by the COVID-19 pandemic. The movement restrictions and illnesses are resulting in labor shortages and reduced supply of raw materials. The disruption in supply routes has further led to delays in feed supply. However, the demand for feed enzymes in the livestock industry is likely to increase in the first and second quarters of the year 2020 as many farmers resorted to panic buying of feed additives in anticipation of potential shortages. Several concerns, such as international trade barriers, closure of restaurants, hotels, live animal markets, supply chain hindrances, consumption patterns of livestock-based products, have encouraged breeders to stock their feed supplies and feed enzymes. This has led to an increase in demand for feed enzymes during the first week of April 2020.
Asia Pacific is projected to witness the highest growth in the global market during the forecast period.
In terms of value, the Asia Pacific market is projected to grow at the highest CAGR during the forecast period. Factors such as the presence of a large livestock population (FAO 2016) & their growth rate, the increase in the number of feed mills (which further reflects the growth in feed production, particularly in countries, such as, India and Japan), are projected to drive market growth in the coming years.
Key Market Players
Many domestic and global players provide feed enzymes to improve animal health and performance. Major manufacturers have their presence in the European and Asian countries. The key companies in this market are Cargill, Incorporated (US), BASF SE (Germany), DuPont (US), Bluestar Adisseo Co., Ltd. (China), Koninklijke DSM NV (Netherlands) and Kemin Industries, Inc. Various strategies, such as expansions, mergers & acquisitions, and new product launches, were adopted by the key companies to remain competitive in the market.
Scope of the report
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Report Metric |
Details |
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Market size estimation |
2017–2025 |
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Base year considered |
2019 |
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Forecast period considered |
2020–2025 |
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Units considered |
Value (USD) & Volume (KT) |
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Segments covered |
Type, Livestock, Source, Form, and Region |
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Regions covered |
North America, Asia Pacific, Europe, South America, and RoW |
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Companies studied |
The major market players include BASF SE (Germany), DuPont (US), Koninklijke DSM NV (Netherlands), Bluestar Addisseo (China) and Cargill (US) (Total 25 companies) |
The study categorizes the global market based on type, livestock, source, form at the regional and global levels.
By Type
- Phytase
- Carbohydrase
- Protease
- Others (lipase, mannanase, and á-galactosidase)
By Livestock
- Poultry
- Swine
- Ruminants
- Aquatic animals
- Others (equine and pets)
By Source
- Microorganism
- Plant
- Animal
By Form
- Dry
- Liquid
By Region
- Asia Pacific
- Europe
- North America
- South America
- Rest of the World
Recent Developments
- In February 2020, BEC Feed Solutions set up a new manufacturing facility to redevelop and expand its Carole Park location. The new facility will feature a manufacturing plant equipped with integrated technology unique to the premix industry, a new warehouse, and adjoining contemporary two-storied office building.
- In January 2020, Nutrex BE invested in a completely new base of operations in Olen that will house their new headquarters, innovation center and state‑of‑the‑art production facilities. The investment in Olen is needed to develop and produce new products and further expand production capacity.
- In December 2019, Nutrex BE decided to merge with Agrimex, a supplier of high-quality additives, premixes, and raw materials to the animal feed industry in Europe, and would continue together with all their activities in the animal feed sector under the name Nutrex.
Frequently Asked Questions (FAQ):
What is the competitive scenario of the top players in feed enzymes market?
There is an increase in new product developments, expansions and mergers & aquisitions by the key players such as DowDuPont and BASF SE
Which are the major opportunity areas of feed enzymes market?
The growing concern regarding animal health and the demand for an increase in the nutrient uptake of feed.
Which segment is projected to account for the largest share in this market based on livestock?
Poultry, among all other livestocks is projected to hold the largest market during the forecast period since it is one of the most demanded meat across the globe. According to OECD-FAO Agricultural Outlook 2017–26, the global poultry meat production is expected to increase by about 11% over the next decade. The production of poultry for meat is also likely to be dominating more than half the growth of all the additional meat produced by 2025.
Which type of enzyme is largely adopted in this market?
Phytase account for the largest share in terms of value in 2019. Phytase, are preferred by most animal feed manufacturers and livestock producers to be used as an enzyme. The inclusion of phytase in the feed offers many advantages to the livestock such as the highest activity at low pH; also, it improves bone health, enables body weight gain, improves digestive efficiency, breaks down indigestible phytic acid (found in grains and oilseeds), and thus, aid in the release of digestible phosphorus, calcium, and other nutrients that aid the growth of animals.
Why does Asia Pacific account for the fastest growth in feed enzymes market?
The presence of a large livestock population and their growth rate, the increase in the number of feed mills in the region, which further reflects the growth in feed production, particularly in countries, such as, India and Japan, are projected to drive market growth in the coming years.
What is the impact of COVID-19 on the Feed Enzymes market?
The feed enzymes market includes major Tier I and II suppliers like Cargill, Incorporated, BASF SE, DuPont, Bluestar Adisseo Co., Ltd., and Koninklijke DSM NV. These suppliers have their manufacturing facilities spread across various countries across Asia Pacific, Europe, North America, South America, and RoW. COVID-19 has impacted their businesses as well. Though this pandemic situation has impacted their businesses as well, there is no significant impact on the global operations and supply chain of their feed enzymes, several large manufacturing facilities of players are still in operation. .
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TABLE OF CONTENTS
1 INTRODUCTION (Page No. - 33)
1.1 OBJECTIVES OF THE STUDY
1.1.1 MARKET INTELLIGENCE
1.1.2 COMPETITIVE INTELLIGENCE
1.2 MARKET DEFINITION
1.3 STUDY SCOPE
FIGURE 1 MARKET SEGMENTATION
FIGURE 2 REGIONAL SEGMENTATION
1.4 PERIODIZATION CONSIDERED
1.5 CURRENCY CONSIDERED
TABLE 1 USD EXCHANGE RATES, 2014–2018
1.6 UNITS CONSIDERED
1.7 STAKEHOLDERS
1.8 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY (Page No. - 39)
2.1 RESEARCH DATA
FIGURE 3 RESEARCH DESIGN
2.1.1 SECONDARY DATA
2.1.2 PRIMARY DATA
2.1.2.1 Breakdown of Primary Interviews
FIGURE 4 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, AND REGION
2.2 MARKET SIZE ESTIMATION
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
2.3 DATA TRIANGULATION
FIGURE 7 DATA TRIANGULATION METHODOLOGY
2.4 RESEARCH ASSUMPTIONS
2.5 LIMITATIONS
3 EXECUTIVE SUMMARY (Page No. - 46)
TABLE 2 FEED ENZYMES MARKET SNAPSHOT (VALUE), 2020 VS. 2025
FIGURE 8 MARKET SIZE FOR FEED ENZYMES, BY TYPE, 2020 VS. 2025 (USD MILLION)
FIGURE 9 MARKET SIZE FOR FEED ENZYMES, BY LIVESTOCK, 2020 VS. 2025 (USD MILLION)
FIGURE 10 MARKET SIZE FOR FEED ENZYMES, BY SOURCE, 2020 VS. 2025 (USD MILLION)
FIGURE 11 FEED ENZYMES MARKET SHARE (VALUE), BY REGION, 2020
4 PREMIUM INSIGHTS (Page No. - 51)
4.1 OPPORTUNITIES IN THE MARKET
FIGURE 12 GROWING CONCERNS REGARDING ANIMAL HEALTH AND NUTRIENT UPTAKE TO SUPPORT THE MARKET GROWTH
4.2 FEED ENZYMES MARKET, BY TYPE AND REGION, 2020
FIGURE 13 ASIA PACIFIC WAS THE MAJOR CONSUMER OF FEED ENZYMES ACROSS THE GLOBE IN 2020
4.3 ASIA PACIFIC: MARKET FOR FEED ENZYMES, BY LIVESTOCK AND COUNTRY, 2020
FIGURE 14 CHINA WAS THE MAJOR CONSUMER OF FEED ENZYMES IN 2020, IN TERMS OF VALUE
4.4 MARKET FOR FEED ENZYMES, BY FORM, 2020
FIGURE 15 FEED ENZYMES IN THE DRY FORM ARE ESTIMATED TO BE WIDELY CONSUMED IN 2020
4.5 MARKET FOR FEED ENZYMES, BY KEY COUNTRY, 2020
FIGURE 16 US WAS THE DOMINANT MARKET FOR FEED ENZYMES IN 2020
5 MARKET OVERVIEW (Page No. - 55)
5.1 INTRODUCTION
5.2 MACROINDICATORS
5.2.1 INCREASE IN FEED PRODUCTION
FIGURE 17 FEED PRODUCTION TREND, 2012–2017 (MILLION METRIC TON)
5.3 MARKET DYNAMICS
FIGURE 18 FEED ENZYMES MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
5.3.1 DRIVERS
5.3.1.1 Provision of feed cost-efficiency
5.3.1.1.1 Poultry
5.3.1.1.2 Ruminants
5.3.1.1.3 Swine
5.3.1.1.4 Aquatic animals
5.3.1.1.5 Pets
5.3.1.2 Increasing demand for animal-based products, such as meat products, dairy products, and eggs
FIGURE 19 GLOBAL MEAT DEMAND, 1980-2030 (KT)
FIGURE 20 GLOBAL PER CAPITA MEAT CONSUMPTION, 2016–2020 (POUND)
FIGURE 21 GLOBAL MILK PRODUCTION, 2015–2018 (MILLION TON)
FIGURE 22 GLOBAL CONSUMPTION OF ANIMAL-BASED PRODUCTS (1967–2030)
5.3.1.2.1 Improved meat quality or egg production
5.3.1.2.2 Improved animal health to increase the consumption of animal-based food products
5.3.1.3 Rise in the global demand for naturally produced feed and feed additives
5.3.2 RESTRAINTS
5.3.2.1 Hydrolysis of cellulose remains difficult
5.3.2.2 Higher inclusion rates of enzymes may have negative effects
5.3.3 OPPORTUNITIES
5.3.3.1 Innovation in phytase production processes
5.3.4 CHALLENGES
5.3.4.1 High R&D investments
5.3.4.2 Thermostability of enzymes
FIGURE 23 EFFECT OF TEMPERATURE ON THE RATE OF ENZYME CATALYZATION
5.4 COVID-19 PANDEMIC IMPACT
FIGURE 24 PRE & POST COVID SCENARIO IN THE FEED ENZYMES MARKET
5.5 VALUE CHAIN
FIGURE 25 FEED ENZYMES: VALUE CHAIN
5.6 REGULATORY FRAMEWORK
5.6.1 REGULATION 1831/2003 ON FEED ADDITIVES
6 FEED ENZYMES MARKET, BY FUNCTION (Page No. - 69)
6.1 INTRODUCTION
6.2 PERFORMANCE ENHANCEMENT
6.3 FEED EFFICIENCY
7 FEED ENZYMES MARKET, BY TYPE (Page No. - 71)
7.1 INTRODUCTION
FIGURE 26 FEED ENZYMES MARKET SHARE, BY TYPE, 2020 VS. 2025
TABLE 3 MARKET SIZE FOR FEED ENZYMES, BY TYPE, 2016-2019 (USD MILLION)
TABLE 4 MARKET SIZE FOR FEED ENZYMES, BY TYPE, 2020-2025 (USD MILLION)
TABLE 5 MARKET SIZE FOR FEED ENZYMES, BY TYPE, 2016-2019 (KT)
TABLE 6 MARKET SIZE FOR FEED ENZYMES, BY TYPE, 2020-2025 (KT)
7.2 PHYTASE
7.2.1 PHYTASES HELP BREAK DOWN INDIGESTIBLE PHYTIC ACID AND RELEASE DIGESTIBLE PHOSPHORUS
TABLE 7 PHYTASE: MARKET SIZE FOR FEED ENZYMES, BY REGION, 2016-2019 (USD MILLION)
TABLE 8 PHYTASE: FEED ENZYMES MARKET SIZE, BY REGION, 2020-2025 (USD MILLION)
TABLE 9 PHYTASE: MARKET SIZE FOR FEED ENZYMES, BY REGION, 2016-2019 (KT)
TABLE 10 PHYTASE: MARKET SIZE FOR FEED ENZYMES, BY REGION, 2020-2025 (KT)
7.3 PROTEASE
7.3.1 PROTEASE REDUCES NITROGEN EMISSION DURING LIVESTOCK PRODUCTION
TABLE 11 PROTEASE: MARKET SIZE FOR FEED ENZYMES, BY REGION, 2016-2019 (USD MILLION)
TABLE 12 PROTEASE: MARKET SIZE FOR FEED ENZYMES, BY REGION, 2020-2025 (USD MILLION)
TABLE 13 PROTEASE: MARKET SIZE FOR FEED ENZYMES, BY REGION, 2016-2019 (TON)
TABLE 14 PROTEASE: FEED ENZYMES MARKET SIZE, BY REGION, 2020-2025 (TON)
7.4 CARBOHYDRASE
7.4.1 XYLANASE AND AMYLASE ARE THE MAJOR TYPES OF CARBOHYDRASE USED AS FEED ENZYMES
TABLE 15 CARBOHYDRASE: FEED ENZYMES MARKET SIZE, BY REGION, 2016-2019 (USD MILLION)
TABLE 16 CARBOHYDRASE: MARKET SIZE FOR FEED ENZYMES, BY REGION, 2020-2025 (USD MILLION)
TABLE 17 CARBOHYDRASE: MARKET SIZE FOR FEED ENZYMES, BY REGION, 2016-2019 (KT)
TABLE 18 CARBOHYDRASE: MARKET SIZE FOR FEED ENZYMES, BY REGION, 2020-2025 (KT)
7.4.2 XYLANASE
7.4.3 AMYLASE
7.4.4 CELLULASE
7.4.5 OTHER CARBOHYDRASES
TABLE 19 CARBOHYDRASE: FEED ENZYMES MARKET SIZE, BY TYPE, 2016-2019 (USD MILLION)
TABLE 20 CARBOHYDRASE: MARKET SIZE FOR FEED ENZYMES, BY TYPE, 2020-2025 (USD MILLION)
7.5 OTHERS
TABLE 21 OTHERS: FEED ENZYMES MARKET SIZE, BY REGION, 2016-2019 (USD THOUSAND)
TABLE 22 OTHERS: MARKET SIZE FOR FEED ENZYMES, BY REGION, 2020-2025 (USD THOUSAND)
TABLE 23 OTHERS: MARKET SIZE FOR FEED ENZYMES, BY REGION, 2016-2019 (TON)
TABLE 24 OTHERS: MARKET SIZE FOR FEED ENZYMES, BY REGION, 2020-2025 (TON)
8 FEED ENZYMES MARKET, BY SOURCE (Page No. - 83)
8.1 INTRODUCTION
FIGURE 27 FEED ENZYMES MARKET SHARE, BY SOURCE, 2020 VS. 2025
TABLE 25 MARKET SIZE FOR FEED ENZYMES, BY SOURCE, 2016-2019 (USD MILLION)
TABLE 26 MARKET SIZE FOR FEED ENZYMES, BY SOURCE, 2020-2025 (USD MILLION)
8.2 MICROORGANISM
8.2.1 MICROORGANISMS ARE THE MOST PREFERRED SOURCE OF FEED ENZYMES DUE TO HIGH STABILITY
TABLE 27 DIFFERENT ENZYMES PRODUCED BY MICROORGANISMS
TABLE 28 MICROORGANISM: FEED ENZYMES MARKET SIZE, BY REGION, 2016-2019 (USD MILLION)
TABLE 29 MICROORGANISM: MARKET SIZE FOR FEED ENZYMES, BY REGION, 2020-2025 (USD MILLION)
8.3 PLANT
8.3.1 PLANT-BASED FEED ENZYMES INCREASE PHYTATE BREAKDOWN, THUS AIDING IN THE RELEASE OF PHOSPHOROUS IN LIVESTOCK
TABLE 30 PLANT: FEED ENZYMES MARKET SIZE, BY REGION, 2016-2019 (USD MILLION)
TABLE 31 PLANT: MARKET SIZE FOR FEED ENZYMES, BY REGION, 2020-2025 (USD MILLION)
8.4 ANIMAL
8.4.1 ANIMAL-SOURCED FEED ENZYMES ARE THE LEAST PREFERRED BECAUSE OF THEIR INSTABILITY AND HIGH COST
TABLE 32 ANIMAL: MARKET SIZE FOR FEED ENZYMES, BY REGION, 2016-2019 (USD THOUSAND)
TABLE 33 ANIMAL: MARKET SIZE FOR FEED ENZYMES, BY REGION, 2020-2025 (USD THOUSANDS)
9 FEED ENZYMES MARKET, BY FORM (Page No. - 90)
9.1 INTRODUCTION
FIGURE 28 FEED ENZYMES MARKET SHARE, BY FORM, 2020 VS. 2025
TABLE 34 MARKET SIZE FOR FEED ENZYMES, BY FORM, 2016-2019 (USD MILLION)
TABLE 35 MARKET SIZE FOR FEED ENZYMES, BY FORM, 2020-2025 (USD MILLION)
9.2 DRY
9.2.1 EASE OF APPLICATION AND STORAGE MAKES IT A PREFERRED FORM
TABLE 36 DRY: FEED ENZYMES MARKET SIZE, BY REGION, 2016-2019 (USD MILLION)
TABLE 37 DRY: MARKET SIZE FOR FEED ENZYMES, BY REGION, 2020-2025 (USD MILLION)
9.3 LIQUID
9.3.1 REQUIREMENT OF A SPECIAL APPARATUS FOR APPLICATION MAKES THE LIQUID FORM LESS ECONOMICAL THAN THE DRY FORM
TABLE 38 LIQUID: MARKET SIZE FOR FEED ENZYMES, BY REGION, 2016-2019 (USD MILLION)
TABLE 39 LIQUID: MARKET SIZE FOR FEED ENZYMES, BY REGION, 2020-2025 (USD MILLION)
10 FEED ENZYMES MARKET, BY LIVESTOCK (Page No. - 95)
10.1 INTRODUCTION
10.2 OPERATIONAL DRIVERS
10.2.1 GROWTH IN LIVESTOCK SECTOR
FIGURE 29 GLOBAL LIVESTOCK PRODUCTION TRENDS, 2011-2017
10.2.2 GROWTH IN THE COMPOUND FEED INDUSTRY
FIGURE 30 COMPOUND FEED PRODUCTION TRENDS IN THE EU (2011-2017)
FIGURE 31 FEED ENZYMES MARKET SHARE, BY LIVESTOCK, 2020 VS. 2025
TABLE 40 MARKET SIZE FOR FEED ENZYMES, BY LIVESTOCK, 2016-2019 (USD MILLION)
TABLE 41 MARKET SIZE FOR FEED ENZYMES, BY LIVESTOCK, 2020-2025 (USD MILLION)
10.3 POULTRY
10.3.1 POULTRY SEGMENT PROJECTED TO BE THE LARGEST DURING THE FORECAST PERIOD
TABLE 42 POULTRY: MARKET SIZE FOR FEED ENZYMES, BY REGION, 2016-2019 (USD MILLION)
TABLE 43 POULTRY: MARKET SIZE FOR FEED ENZYMES, BY REGION, 2020-2025 (USD MILLION)
10.3.2 BROILERS
10.3.3 TURKEYS
10.3.4 LAYERS
10.3.5 OTHERS
TABLE 44 POULTRY: MARKET SIZE FOR FEED ENZYMES, BY TYPE, 2016-2019 (USD MILLION)
TABLE 45 POULTRY: MARKET SIZE FOR FEED ENZYMES, BY TYPE, 2020-2025 (USD MILLION)
10.4 SWINE
10.4.1 FEED ENZYMES HELP IN THE BREAKDOWN OF COMPLEX CARBOHYDRATES, WHICH ARE NOT UTILIZED BY SWINE
TABLE 46 SWINE: FEED ENZYMES MARKET SIZE, BY REGION, 2016-2019 (USD MILLION)
TABLE 47 SWINE: MARKET SIZE FOR FEED ENZYMES, BY REGION, 2020-2025 (USD MILLION)
10.4.2 STARTER
10.4.3 GROWER
10.4.4 SOW
TABLE 48 SWINE: MARKET SIZE FOR FEED ENZYMES, BY TYPE, 2016-2019 (USD MILLION)
TABLE 49 SWINE: MARKET SIZE FOR FEED ENZYMES, BY TYPE, 2020-2025 (USD MILLION)
10.5 RUMINANTS
10.5.1 FEED ENZYMES ARE ADDED TO CATTLE DIETS TO ENHANCE MILK PRODUCTION AND IMPROVE FEED EFFICIENCY
TABLE 50 RUMINANTS: FEED ENZYMES MARKET SIZE, BY REGION, 2016-2019 (USD MILLION)
TABLE 51 RUMINANTS: MARKET SIZE FOR FEED ENZYMES, BY REGION, 2020-2025 (USD MILLION)
10.5.2 CALVES
10.5.3 DAIRY CATTLE
10.5.4 BEEF CATTLE
10.5.5 OTHERS
TABLE 52 RUMINANTS: MARKET SIZE FOR FEED ENZYMES, BY TYPE, 2016-2019 (USD MILLION)
TABLE 53 RUMINANTS: MARKET SIZE FOR FEED ENZYMES, BY TYPE, 2020-2025 (USD MILLION)
10.6 AQUATIC ANIMALS
10.6.1 THE USE OF FEED ENZYMES IN FISH FEED HAS PROVIDED ENVIRONMENTAL BENEFITS AS WELL AS ENABLED THE USE OF LOWER-COST FEEDSTUFFS
TABLE 54 AQUATIC ANIMALS: FEED ENZYMES MARKET SIZE, BY REGION, 2016-2019 (USD THOUSAND)
TABLE 55 AQUATIC ANIMALS: MARKET SIZE FOR FEED ENZYMES, BY REGION, 2020-2025 (USD MILLION)
10.7 OTHERS
TABLE 56 OTHER LIVESTOCK: MARKET SIZE FOR FEED ENZYMES, BY REGION, 2016-2019 (USD THOUSAND)
TABLE 57 OTHER LIVESTOCK: MARKET SIZE FOR FEED ENZYMES, BY REGION, 2020-2025 (USD THOUSAND)
10.8 IMPACT OF COVID-19 ON LIVESTOCK APPLICATION
10.8.1 HIGHLY IMPACTED LIVESTOCK INDUSTRIES – POULTRY AND SWINE
10.8.2 LEAST IMPACTED LIVESTOCK INDUSTRIES – RUMINANTS AND OTHERS
11 FEED ENZYMES MARKET, BY REGION (Page No. - 109)
11.1 INTRODUCTION
FIGURE 32 INDIA HELD THE LARGEST SHARE IN FEED ENZYMES MARKET DURING THE FORECAST PERIOD
TABLE 58 MARKET SIZE FOR FEED ENZYMES, BY REGION, 2016-2019 (USD MILLION)
TABLE 59 MARKET SIZE FOR FEED ENZYMES, BY REGION, 2020–2025 (USD MILLION)
11.2 REGIONAL OPERATIONAL DRIVERS
11.2.1 INCREASE IN CONSUMPTION OF DAIRY PRODUCTS AND MEAT GLOBALLY
FIGURE 33 GLOBAL MEAT PRODUCTION, 1961-2018
11.2.2 INCREASE IN LIVESTOCK POPULATION
FIGURE 34 GLOBAL LIVESTOCK COUNT, 2000-2014
11.3 IMPACT OF COVID-19 ON FEED ENZYMES ACROSS REGIONS
11.4 NORTH AMERICA
TABLE 60 NORTH AMERICA: FEED ENZYMES MARKET SIZE, BY COUNTRY, 2016-2019 (USD MILLION)
TABLE 61 NORTH AMERICA: MARKET SIZE FOR FEED ENZYMES, BY COUNTRY, 2020–2025 (USD MILLION)
TABLE 62 NORTH AMERICA: MARKET SIZE FOR FEED ENZYMES, BY TYPE, 2016-2019 (USD MILLION)
TABLE 63 NORTH AMERICA: MARKET SIZE FOR FEED ENZYMES, BY TYPE, 2020–2025 (USD MILLION)
TABLE 64 NORTH AMERICA: MARKET SIZE FOR FEED ENZYMES, BY TYPE, 2016-2019 (TON)
TABLE 65 NORTH AMERICA: MARKET SIZE FOR FEED ENZYMES, BY TYPE, 2020–2025 (TON)
TABLE 66 NORTH AMERICA: MARKET SIZE FOR FEED ENZYMES, BY LIVESTOCK, 2016-2019 (USD MILLION)
TABLE 67 NORTH AMERICA: MARKET SIZE FOR FEED ENZYMES, BY LIVESTOCK, 2020–2025 (USD MILLION)
TABLE 68 NORTH AMERICA: MARKET SIZE FOR FEED ENZYMES, BY SOURCE, 2016-2019 (USD MILLION)
TABLE 69 NORTH AMERICA: MARKET SIZE FOR FEED ENZYMES, BY SOURCE, 2020–2025 (USD MILLION)
TABLE 70 NORTH AMERICA: MARKET SIZE FOR FEED ENZYMES, BY FORM, 2016-2019 (USD MILLION)
TABLE 71 NORTH AMERICA: FEED ENZYMES MARKET SIZE, BY FORM, 2020–2025 (USD MILLION)
11.4.1 US
11.4.1.1 With stringent government regulations for the production of feed, the US remains one of the major regions for feed enzymes
TABLE 72 US: FEED ENZYMES MARKET SIZE, BY TYPE, 2016-2019 (USD MILLION)
TABLE 73 US: MARKET SIZE FOR FEED ENZYMES, BY TYPE, 2020–2025 (USD MILLION)
TABLE 74 US: MARKET SIZE FOR FEED ENZYMES, BY TYPE, 2016-2019 (TON)
TABLE 75 US: MARKET SIZE FOR FEED ENZYMES, BY TYPE, 2020–2025 (TON)
11.4.2 CANADA
11.4.2.1 The rise in demand for meat products and the introduction of lenient regulations pertaining to the use of growth promoters in the country are factors that are projected to drive the growth of the market
TABLE 76 CANADA: FEED ENZYMES MARKET SIZE, BY TYPE, 2016-2019 (USD THOUSAND)
TABLE 77 CANADA: MARKET SIZE FOR FEED ENZYMES, BY TYPE, 2020–2025 (USD THOUSAND)
TABLE 78 CANADA: MARKET SIZE FOR FEED ENZYMES, BY TYPE, 2016-2019 (TON)
TABLE 79 CANADA: MARKET SIZE FOR FEED ENZYMES, BY TYPE, 2020–2025 (TON)
11.4.3 MEXICO
11.4.3.1 Increasing support of government programs and the rise in livestock production to encourage the consumption of feed enzymes in the country
TABLE 80 MEXICO: FEED ENZYMES MARKET SIZE, BY TYPE, 2016-2019 (USD THOUSAND)
TABLE 81 MEXICO: MARKET SIZE FOR FEED ENZYMES, BY TYPE, 2020–2025 (USD THOUSAND)
TABLE 82 MEXICO: MARKET SIZE FOR FEED ENZYMES, BY TYPE, 2016-2019 (TON)
TABLE 83 MEXICO: MARKET SIZE FOR FEED ENZYMES, BY TYPE, 2020–2025 (TON)
11.5 EUROPE
TABLE 84 EUROPE: FEED ENZYMES MARKET SIZE, BY COUNTRY, 2016–2019 (USD MILLION)
TABLE 85 EUROPE: MARKET SIZE FOR FEED ENZYMES, BY COUNTRY, 2020–2025 (USD MILLION)
TABLE 86 EUROPE: MARKET SIZE FOR FEED ENZYMES, BY TYPE, 2016-2019 (USD MILLION)
TABLE 87 EUROPE: MARKET SIZE FOR FEED ENZYMES, BY TYPE, 2020–2025 (USD MILLION)
TABLE 88 EUROPE: MARKET SIZE FOR FEED ENZYMES, BY TYPE, 2016-2019 (TON)
TABLE 89 EUROPE: MARKET SIZE FOR FEED ENZYMES, BY TYPE, 2020–2025 (TON)
TABLE 90 EUROPE: MARKET SIZE FOR FEED ENZYMES, BY LIVESTOCK, 2016-2019 (USD MILLION)
TABLE 91 EUROPE: MARKET SIZE FOR FEED ENZYMES, BY LIVESTOCK, 2020–2025 (USD MILLION)
TABLE 92 EUROPE: MARKET SIZE FOR FEED ENZYMES, BY SOURCE, 2016-2019 (USD THOUSAND)
TABLE 93 EUROPE: MARKET SIZE FOR FEED ENZYMES, BY SOURCE, 2020–2025 (USD THOUSAND)
TABLE 94 EUROPE: MARKET SIZE FOR FEED ENZYMES, BY FORM, 2016-2019 (USD MILLION)
TABLE 95 EUROPE: MARKET SIZE FOR FEED ENZYMES, BY FORM, 2020–2025 (USD MILLION)
11.5.1 RUSSIA
11.5.1.1 The Russian meat and pork industry has witnessed significant growth in recent years
TABLE 96 RUSSIA: FEED ENZYMES MARKET SIZE, BY TYPE, 2016-2019 (USD THOUSAND)
TABLE 97 RUSSIA: MARKET SIZE FOR FEED ENZYMES, BY TYPE, 2020–2025 (USD THOUSAND)
TABLE 98 RUSSIA: MARKET SIZE FOR FEED ENZYMES, BY TYPE, 2016-2019 (TON)
TABLE 99 RUSSIA: MARKET SIZE FOR FEED ENZYMES, BY TYPE, 2020–2025 (TON)
11.5.2 SPAIN
11.5.2.1 Rise in the demand for meat and dairy products
TABLE 100 SPAIN: FEED ENZYMES MARKET SIZE, BY TYPE, 2016-2019 (USD THOUSAND)
TABLE 101 SPAIN: MARKET SIZE FOR FEED ENZYMES, BY TYPE, 2020–2025 (USD THOUSAND)
TABLE 102 SPAIN: MARKET SIZE FOR FEED ENZYMES, BY TYPE, 2016-2019 (TON)
TABLE 103 SPAIN: FEED ENZYMES MARKET SIZE, BY TYPE, 2020–2025 (TON)
11.5.3 GERMANY
11.5.3.1 Modernization of the livestock industry has resulted in the usage of scientific methods for the production of livestock
TABLE 104 GERMANY: FEED ENZYMES MARKET SIZE, BY TYPE, 2016-2019 (USD THOUSAND)
TABLE 105 GERMANY: MARKET SIZE FOR FEED ENZYMES, BY TYPE, 2020–2025 (USD THOUSAND)
TABLE 106 GERMANY: MARKET SIZE FOR FEED ENZYMES, BY TYPE, 2016-2019 (TON)
TABLE 107 GERMANY: MARKET SIZE FOR FEED ENZYMES, BY TYPE, 2020–2025 (TON)
11.5.4 FRANCE
11.5.4.1 Domestic demand for meat products plays a vital role in the increasing demand for essential feed enzymes in livestock feed
TABLE 108 FRANCE: FEED ENZYMES MARKET SIZE, BY TYPE, 2016-2019 (USD THOUSAND)
TABLE 109 FRANCE: MARKET SIZE FOR FEED ENZYMES, BY TYPE, 2020–2025 (USD THOUSAND)
TABLE 110 FRANCE: MARKET SIZE FOR FEED ENZYMES, BY TYPE, 2016-2019 (TON)
TABLE 111 FRANCE: MARKET SIZE FOR FEED ENZYMES, BY TYPE, 2020–2025 (TON)
11.5.5 ITALY
11.5.5.1 The country accounted for the fifth-largest share for feed enzymes in the region
TABLE 112 ITALY: FEED ENZYMES MARKET SIZE, BY TYPE, 2016-2019 (USD THOUSAND)
TABLE 113 ITALY: MARKET SIZE FOR FEED ENZYMES, BY TYPE, 2020–2025 (USD THOUSAND)
TABLE 114 ITALY: MARKET SIZE FOR FEED ENZYMES, BY TYPE, 2016-2019 (TON)
TABLE 115 ITALY: MARKET SIZE FOR FEED ENZYMES, BY TYPE, 2020–2025 (TON)
11.5.6 UK
11.5.6.1 Adoption of mega-farms and intensive factory farming for cattle, poultry, and swine to drive the market growth of feed enzymes
TABLE 116 UK: FEED ENZYMES MARKET SIZE, BY TYPE, 2016-2019 (USD THOUSAND)
TABLE 117 UK: MARKET SIZE FOR FEED ENZYMES, BY TYPE, 2020–2025 (USD THOUSAND)
TABLE 118 UK: MARKET SIZE FOR FEED ENZYMES, BY TYPE, 2016-2019 (TON)
TABLE 119 UK: MARKET SIZE FOR FEED ENZYMES, BY TYPE, 2020–2025 (TON)
11.5.7 REST OF EUROPE
11.5.7.1 Rising awareness about the benefits of feed enzymes among livestock growers
TABLE 120 REST OF EUROPE: FEED ENZYMES MARKET SIZE, BY TYPE, 2016-2019 (USD THOUSAND)
TABLE 121 REST OF EUROPE: MARKET SIZE FOR FEED ENZYMES, BY TYPE, 2020–2025 (USD THOUSAND)
TABLE 122 REST OF EUROPE: MARKET SIZE FOR FEED ENZYMES, BY TYPE, 2016-2019 (TON)
TABLE 123 REST OF EUROPE: MARKET SIZE FOR FEED ENZYMES, BY TYPE, 2020–2025 (TON)
11.6 ASIA PACIFIC
FIGURE 35 ASIA PACIFIC: FEED ENZYMES MARKET SNAPSHOT
TABLE 124 ASIA PACIFIC: MARKET SIZE FOR FEED ENZYMES, BY COUNTRY, 2016-2019 (USD MILLION)
TABLE 125 ASIA PACIFIC: MARKET SIZE FOR FEED ENZYMES, BY COUNTRY, 2020–2025 (USD MILLION)
TABLE 126 ASIA PACIFIC: MARKET SIZE FOR FEED ENZYMES, BY TYPE, 2016-2019 (USD MILLION)
TABLE 127 ASIA PACIFIC: MARKET SIZE FOR FEED ENZYMES, BY TYPE, 2020–2025 (USD MILLION)
TABLE 128 ASIA PACIFIC: MARKET SIZE FOR FEED ENZYMES, BY TYPE, 2016-2019 (TON)
TABLE 129 ASIA PACIFIC: MARKET SIZE FOR FEED ENZYMES, BY TYPE, 2020–2025 (TON)
TABLE 130 ASIA PACIFIC: MARKET SIZE FOR FEED ENZYMES, BY LIVESTOCK, 2016-2019 (USD MILLION)
TABLE 131 ASIA PACIFIC: MARKET SIZE FOR FEED ENZYMES, BY LIVESTOCK, 2020–2025 (USD MILLION)
TABLE 132 ASIA PACIFIC: MARKET SIZE FOR FEED ENZYMES, BY SOURCE, 2016-2019 (USD MILLION)
TABLE 133 ASIA PACIFIC: MARKET SIZE FOR FEED ENZYMES, BY SOURCE, 2020–2025 (USD MILLION)
TABLE 134 ASIA PACIFIC: MARKET SIZE FOR FEED ENZYMES, BY FORM, 2016-2019 (USD MILLION)
TABLE 135 ASIA PACIFIC: MARKET SIZE FOR FEED ENZYMES, BY FORM, 2020–2025 (USD MILLION)
11.6.1 CHINA
11.6.1.1 Established players in the market are focusing on developing feed enzyme products
TABLE 136 CHINA: FEED ENZYMES MARKET SIZE, BY TYPE, 2016-2019 (USD MILLION)
TABLE 137 CHINA: MARKET SIZE FOR FEED ENZYMES, BY TYPE, 2020–2025 (USD MILLION)
TABLE 138 CHINA: MARKET SIZE FOR FEED ENZYMES, BY TYPE, 2016-2019 (TON)
TABLE 139 CHINA: MARKET SIZE FOR FEED ENZYMES, BY TYPE, 2020–2025 (TON)
11.6.2 INDIA
11.6.2.1 Availability of raw materials and a major destination for foreign companies
TABLE 140 INDIA: FEED ENZYMES MARKET SIZE, BY TYPE, 2016-2019 (USD THOUSAND)
TABLE 141 INDIA: MARKET SIZE FOR FEED ENZYMES, BY TYPE, 2020–2025 (USD THOUSAND)
TABLE 142 INDIA: MARKET SIZE FOR FEED ENZYMES, BY TYPE, 2016-2019 (TON)
TABLE 143 INDIA: MARKET SIZE FOR FEED ENZYMES, BY TYPE, 2020–2025 (TON)
11.6.3 JAPAN
11.6.3.1 Stabilization in feed prices to drive the adoption of feed enzymes
TABLE 144 JAPAN: FEED ENZYMES MARKET SIZE, BY TYPE, 2016-2019 (USD THOUSAND)
TABLE 145 JAPAN: MARKET SIZE FOR FEED ENZYMES, BY TYPE, 2020–2025 (USD THOUSAND)
TABLE 146 JAPAN: MARKET SIZE FOR FEED ENZYMES, BY TYPE, 2016-2019 (TON)
TABLE 147 JAPAN: MARKET SIZE FOR FEED ENZYMES, BY TYPE, 2020–2025 (TON)
11.6.4 THAILAND
11.6.4.1 Wider opportunities in the poultry industry
TABLE 148 THAILAND: FEED ENZYMES MARKET SIZE, BY TYPE, 2016-2019 (USD THOUSAND)
TABLE 149 THAILAND: MARKET SIZE FOR FEED ENZYMES, BY TYPE, 2020–2025 (USD THOUSAND)
TABLE 150 THAILAND: MARKET SIZE FOR FEED ENZYMES, BY TYPE, 2016-2019 (TON)
TABLE 151 THAILAND: MARKET SIZE FOR FEED ENZYMES, BY TYPE, 2020–2025 (TON)
11.6.5 INDONESIA
11.6.5.1 Increasing feed production to have a proportional impact on the consumption of feed enzymes
TABLE 152 INDONESIA: FEED ENZYMES MARKET SIZE, BY TYPE, 2016-2019 (USD THOUSAND)
TABLE 153 INDONESIA: MARKET SIZE FOR FEED ENZYMES, BY TYPE, 2020–2025 (USD THOUSAND)
TABLE 154 INDONESIA: MARKET SIZE FOR FEED ENZYMES, BY TYPE, 2016-2019 (TON)
TABLE 155 INDONESIA: MARKET SIZE FOR FEED ENZYMES, BY TYPE, 2020–2025 (TON)
11.6.6 REST OF ASIA PACIFIC
11.6.6.1 Rising awareness regarding the importance of feed enzymes for livestock nutrition for good quality meat and other animal-based by-products
TABLE 156 REST OF ASIA PACIFIC: FEED ENZYMES MARKET SIZE, BY TYPE, 2016-2019 (USD THOUSAND)
TABLE 157 REST OF ASIA PACIFIC: MARKET SIZE FOR FEED ENZYMES, BY TYPE, 2020–2025 (USD THOUSAND)
TABLE 158 REST OF ASIA PACIFIC: MARKET SIZE FOR FEED ENZYMES, BY TYPE, 2016-2019 (TON)
TABLE 159 REST OF ASIA PACIFIC: MARKET SIZE FOR FEED ENZYMES, BY TYPE, 2020–2025 (TON)
11.7 SOUTH AMERICA
TABLE 160 SOUTH AMERICA: MARKET SIZE FOR FEED ENZYMES, BY COUNTRY, 2016-2019 (USD MILLION)
TABLE 161 SOUTH AMERICA: FEED ENZYMES MARKET SIZE, BY COUNTRY, 2020–2025 (USD MILLION)
TABLE 162 SOUTH AMERICA: MARKET SIZE FOR FEED ENZYMES, BY TYPE, 2016-2019 (USD MILLION)
TABLE 163 SOUTH AMERICA: MARKET SIZE FOR FEED ENZYMES, BY TYPE, 2020–2025 (USD MILLION)
TABLE 164 SOUTH AMERICA: MARKET SIZE FOR FEED ENZYMES, BY TYPE, 2016-2019 (TON)
TABLE 165 SOUTH AMERICA: MARKET SIZE FOR FEED ENZYMES, BY TYPE, 2020–2025 (TON)
TABLE 166 SOUTH AMERICA: MARKET SIZE FOR FEED ENZYMES, BY LIVESTOCK, 2016-2019 (USD MILLION)
TABLE 167 SOUTH AMERICA: MARKET SIZE FOR FEED ENZYMES, BY LIVESTOCK, 2020–2025 (USD MILLION)
TABLE 168 SOUTH AMERICA: MARKET SIZE FOR FEED ENZYMES, BY SOURCE, 2016-2019 (USD THOUSAND)
TABLE 169 SOUTH AMERICA: MARKET SIZE FOR FEED ENZYMES, BY SOURCE, 2020–2025 (USD THOUSAND)
TABLE 170 SOUTH AMERICA: MARKET SIZE FOR FEED ENZYMES, BY FORM, 2016-2019 (USD MILLION)
TABLE 171 SOUTH AMERICA: MARKET SIZE FOR FEED ENZYMES, BY FORM, 2020–2025 (USD MILLION)
11.7.1 BRAZIL
11.7.1.1 High animal product exports to drive growth
TABLE 172 BRAZIL: FEED ENZYMES MARKET SIZE, BY TYPE, 2016-2019 (USD THOUSAND)
TABLE 173 BRAZIL: MARKET SIZE FOR FEED ENZYMES, BY TYPE, 2020–2025 (USD THOUSAND)
TABLE 174 BRAZIL: MARKET SIZE FOR FEED ENZYMES, BY TYPE, 2016-2019 (TON)
TABLE 175 BRAZIL: MARKET SIZE FOR FEED ENZYMES, BY TYPE, 2020–2025 (TON)
11.7.2 ARGENTINA
11.7.2.1 The rise in the adoption of advanced technologies has led to the usage of additives, such as enzymes
TABLE 176 ARGENTINA: FEED ENZYMES MARKET SIZE, BY TYPE, 2016-2019 (USD THOUSAND)
TABLE 177 ARGENTINA: MARKET SIZE FOR FEED ENZYMES, BY TYPE, 2020–2025 (USD THOUSAND)
TABLE 178 ARGENTINA: MARKET SIZE FOR FEED ENZYMES, BY TYPE, 2016-2019 (TON)
TABLE 179 ARGENTINA: MARKET SIZE FOR FEED ENZYMES, BY TYPE, 2020–2025 (TON)
11.7.3 REST OF SOUTH AMERICA
TABLE 180 REST OF SOUTH AMERICA: MARKET SIZE FOR FEED ENZYMES, BY TYPE, 2016-2019 (USD THOUSAND)
TABLE 181 REST OF SOUTH AMERICA: MARKET SIZE FOR FEED ENZYMES, BY TYPE, 2020–2025 (USD THOUSAND)
TABLE 182 REST OF SOUTH AMERICA: MARKET SIZE FOR FEED ENZYMES, BY TYPE, 2016-2019 (TON)
TABLE 183 REST OF SOUTH AMERICA: MARKET SIZE FOR FEED ENZYMES, BY TYPE, 2020–2025 (TON)
11.8 REST OF THE WORLD (ROW)
TABLE 184 ROW: FEED ENZYMES MARKET SIZE, BY REGION, 2016-2019 (USD MILLION)
TABLE 185 ROW: MARKET SIZE FOR FEED ENZYMES, BY REGION, 2020–2025 (USD MILLION)
TABLE 186 ROW: MARKET SIZE FOR FEED ENZYMES, BY TYPE, 2016-2019 (USD THOUSAND)
TABLE 187 ROW: MARKET SIZE FOR FEED ENZYMES, BY TYPE, 2020–2025 (USD THOUSAND)
TABLE 188 ROW: MARKET SIZE FOR FEED ENZYMES, BY TYPE, 2016-2019 (TON)
TABLE 189 ROW: MARKET SIZE FOR FEED ENZYMES, BY TYPE, 2020–2025 (TON)
TABLE 190 ROW: MARKET SIZE FOR FEED ENZYMES, BY LIVESTOCK, 2016-2019 (USD THOUSAND)
TABLE 191 ROW: MARKET SIZE FOR FEED ENZYMES, BY LIVESTOCK, 2020–2025 (USD THOUSAND)
TABLE 192 ROW: MARKET SIZE FOR FEED ENZYMES, BY SOURCE, 2016-2019 (USD THOUSAND)
TABLE 193 ROW: MARKET SIZE FOR FEED ENZYMES, BY SOURCE, 2020–2025 (USD THOUSAND)
TABLE 194 ROW: MARKET SIZE FOR FEED ENZYMES, BY FORM, 2016-2019 (USD MILLION)
TABLE 195 ROW: FEED ENZYMES MARKET SIZE, BY FORM, 2020–2025 (USD MILLION)
11.8.1 AFRICA
11.8.1.1 Increase in the presence of substantial livestock population in the region to drive the demand for feed enzymes
TABLE 196 AFRICA: FEED ENZYMES MARKET SIZE, BY TYPE, 2016-2019 (USD THOUSAND)
TABLE 197 AFRICA: MARKET SIZE FOR FEED ENZYMES, BY TYPE, 2020–2025 (USD THOUSAND)
TABLE 198 AFRICA: MARKET SIZE FOR FEED ENZYMES, BY TYPE, 2016-2019 (TON)
TABLE 199 AFRICA: FEED ENZYMES MARKET SIZE, BY TYPE, 2020–2025 (TON)
11.8.2 MIDDLE EAST
11.8.2.1 The rising meat consumption and improved performance in feed are factors driving the market
TABLE 200 MIDDLE EAST: FEED ENZYMES MARKET SIZE, BY TYPE, 2016-2019 (USD THOUSAND)
TABLE 201 MIDDLE EAST: FEED ENZYMES MARKET SIZE, BY TYPE, 2020–2025 (USD THOUSAND)
TABLE 202 MIDDLE EAST: FEED ENZYMES MARKET SIZE, BY TYPE, 2016-2019 (TON)
TABLE 203 MIDDLE EAST: FEED ENZYMES MARKET SIZE, BY TYPE, 2020–2025 (TON)
12 COMPETITIVE LANDSCAPE (Page No. - 179)
12.1 OVERVIEW
12.2 COMPANY RANKING
FIGURE 36 FEED ENZYMES: COMPANY RANKINGS, 2020
12.3 COMPETITIVE LEADERSHIP MAPPING
12.3.1 VISIONARY LEADERS
12.3.2 INNOVATORS
12.3.3 DYNAMIC DIFFERENTIATORS
12.3.4 EMERGING COMPANIES
FIGURE 37 FEED ENZYMES MARKET: COMPETITIVE LEADERSHIP MAPPING, 2020
FIGURE 38 KEY DEVELOPMENTS OF THE LEADING PLAYERS IN THE FEED ENZYMES MARKET, 2017–2020
12.4 COMPETITIVE LEADERSHIP MAPPING (FOR SMES/START-UPS)
12.4.1 PROGRESSIVE COMPANIES
12.4.2 STARTING BLOCKS
12.4.3 RESPONSIVE COMPANIES
12.4.4 DYNAMIC COMPANIES
FIGURE 39 FEED ENZYMES MARKET: COMPETITIVE LEADERSHIP MAPPING FOR SMES/START-UPS, 2020
12.5 COMPETITIVE SCENARIO
12.5.1 NEW PRODUCT LAUNCHES
TABLE 204 NEW PRODUCT LAUNCHES
12.5.2 EXPANSIONS AND INVESTMENTS
TABLE 205 EXPANSIONS AND INVESTMENTS
12.5.3 MERGERS & ACQUISITIONS
TABLE 206 MERGERS & ACQUISITIONS
13 COMPANY PROFILES (Page No. - 189)
(Business overview, Products offered, Recent Developments, SWOT analysis, Right to win)*
13.1 BASF SE
FIGURE 40 BASF SE: COMPANY SNAPSHOT
13.2 DUPONT
FIGURE 41 DUPONT: COMPANY SNAPSHOT
13.3 KONINKLIJKE DSM N.V
FIGURE 42 KONINKLIJKE DSM N.V: COMPANY SNAPSHOT
13.4 BLUESTAR ADISSEO
FIGURE 43 BLUESTAR ADISSEO: COMPANY SNAPSHOT
13.5 CARGILL
FIGURE 44 CARGILL INCORPORATED: COMPANY SNAPSHOT
13.6 ASSOCIATED BRITISH FOODS PLC
FIGURE 45 ASSOCIATED BRITISH FOODS PLC: COMPANY SNAPSHOT
13.7 NOVOZYMES
FIGURE 46 NOVOZYMES: COMPANY SNAPSHOT
13.8 ADVANCED ENZYME TECHNOLOGIES
FIGURE 47 ADVANCED ENZYME TECHNOLOGIES: COMPANY SNAPSHOT
13.9 KEMIN INDUSTRIES, INC.
13.10 NOVUS INTERNATIONAL INC.
13.11 AZELIS HOLDINGS SA
13.12 ALLTECH
13.13 BIO CAT
13.14 ROSSARI BIOTECH LTD.
13.15 BIOVET JSC
13.16 BEC FEED SOLUTIONS
13.17 BIORESOURCE INTERNATIONAL INC.
13.18 AMORVET
13.19 NUTREX BE
13.20 SUNSON INDUSTRY GROUP CO. LTD.
13.21 ADM
FIGURE 48 ADM: COMPANY SNAPSHOT
13.22 AUM ENZYMES
13.23 CAPRIENZYMES
13.24 BIOPROTON PTY LTD.
13.25 KARYOTICA BIOLOGICALS PVT. LTD.
*Details on Business overview, Products offered, Recent Developments, SWOT analysis, Right to win might not be captured in case of unlisted companies.
14 ADJACENT & RELATED MARKETS (Page No. - 243)
14.1 INTRODUCTION
14.2 LIMITATIONS
14.3 FEED YEAST MARKET
14.3.1 MARKET DEFINITION
14.3.2 MARKET OVERVIEW
FIGURE 49 FEED YEAST MARKET IS PROJECTED TO RECORD HIGH GROWTH DURING THE FORECAST PERIOD
14.3.3 FEED YEAST MARKET, BY TYPE
14.3.3.1 Introduction
TABLE 207 FEED YEAST MARKET SIZE, BY TYPE, 2016–2023 (USD MILLION)
TABLE 208 FEED YEAST MARKET SIZE, BY TYPE, 2016–2023 (KT)
14.3.4 FEED YEAST MARKET, BY REGION
14.3.4.1 North America
TABLE 209 NORTH AMERICA: FEED YEAST MARKET SIZE, BY TYPE, 2016–2023 (USD MILLION)
TABLE 210 NORTH AMERICA: FEED YEAST MARKET SIZE, BY TYPE, 2016–2023 (KT)
14.3.4.2 Europe
TABLE 211 EUROPE: FEED YEAST MARKET SIZE, BY TYPE, 2016–2023 (USD MILLION)
TABLE 212 EUROPE: FEED YEAST MARKET SIZE, BY TYPE, 2016–2023 (KT)
14.3.4.3 Asia Pacific
TABLE 213 ASIA PACIFIC: FEED YEAST MARKET SIZE, BY TYPE, 2016–2023 (USD MILLION)
TABLE 214 ASIA PACIFIC: FEED YEAST MARKET SIZE, BY TYPE, 2016–2023 (KT)
14.3.4.4 South America
TABLE 215 SOUTH AMERICA: FEED YEAST MARKET SIZE, BY TYPE, 2016–2023 (USD MILLION)
TABLE 216 SOUTH AMERICA: FEED YEAST MARKET SIZE, BY TYPE, 2016–2023 (KT)
14.3.4.5 Rest of the World (ROW)
TABLE 217 ROW: FEED YEAST MARKET SIZE, BY TYPE, 2016–2023 (USD MILLION)
TABLE 218 ROW: FEED YEAST MARKET SIZE, BY TYPE, 2016–2023 (KT)
14.4 PROBIOTICS MARKET
14.4.1 MARKET DEFINITION
14.4.2 MARKET OVERVIEW
FIGURE 50 PROBIOTICS MARKET IS ESTIMATED TO HAVE A HIGH GROWTH DURING THE FORECAST PERIOD
14.4.3 PROBIOTICS MARKET, BY INGREDIENT
TABLE 219 PROBIOTICS MARKET SIZE, BY INGREDIENT, 2016–2023 (USD BILLION)
14.4.4 PROBIOTICS MARKET, BY REGION
TABLE 220 PROBIOTICS MARKET SIZE, BY REGION, 2016–2023 (USD BILLION)
14.4.4.1 North America
TABLE 221 NORTH AMERICA: PROBIOTICS MARKET SIZE, BY INGREDIENT, 2016–2023 (USD BILLION)
14.4.4.2 Europe
TABLE 222 EUROPE: PROBIOTICS MARKET SIZE, BY INGREDIENT, 2016–2023 (USD BILLION)
14.4.4.3 Asia Pacific
TABLE 223 ASIA PACIFIC: PROBIOTICS MARKET SIZE, BY INGREDIENT, 2016–2023 (USD BILLION)
14.4.4.4 Rest of the World (RoW)
TABLE 224 ROW: PROBIOTICS MARKET SIZE, BY INGREDIENT, 2016–2023 (USD BILLION)
15 APPENDIX (Page No. - 259)
15.1 DISCUSSION GUIDE
15.2 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
15.3 AVAILABLE CUSTOMIZATIONS
15.4 RELATED REPORTS
15.5 AUTHOR DETAILS
The study involved four major activities in estimating the feed enzymes market size. Exhaustive secondary research was conducted to collect information on the market, peer market, and parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both the top-down and bottom-up approaches were employed to estimate the complete market size. After that, market breakdown and data triangulation were used to estimate the market size of segments and sub-segments.
Secondary Research
In the secondary research process, various secondary sources were referred to, to identify and collect information for this study. The secondary sources included annual reports, press releases, and investor presentations of companies, white papers, certified publications, articles from recognized authors, gold & silver standard websites, regulatory bodies, trade directories, and databases.
Secondary research was mainly used to obtain key information about the industry’s supply chain, the market’s monetary chain, the total pool of key players, market classification, and segmentation, according to industry trends to the bottom-most level and geographical markets. It was also used to obtain information on the key developments from a market-oriented perspective.
Primary Research
The market comprises several stakeholders, which include feed manufacturers, additive manufacturers & suppliers, animal nutritionists, feed enzyme manufacturers, raw material producers, and poultry farmers in the supply chain. Various primary sources from both the supply and demand sides of the market were interviewed to obtain qualitative and quantitative information. The primary interviewees from the demand side include research institutions, enzyme distributors and suppliers, government agencies, animal nutrition associations, and cooperative farm societies. The primary sources from the supply side include feed enzyme manufacturers, feed additive manufacturers, microbial extraction service providers, and key opinion leaders.
To know about the assumptions considered for the study, download the pdf brochure
Market Size Estimation
Both the top-down and bottom-up approaches were used to estimate and validate the total size of the global market. These methods were also used extensively to estimate the size of various sub-segments in the market. The research methodology used to estimate the market size includes the following:
- The key players in the industry and markets were identified through extensive secondary research.
- All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources.
- All possible parameters that affect the markets covered in this research study were accounted for, viewed in extensive detail, verified through primary research, and analyzed to obtain the final quantitative and qualitative data.
- The research included the study of reports, reviews, and newsletters of top market players, along with extensive interviews for opinions from leaders, such as CEOs, directors, and marketing executives.
Global Feed Enzymes Market Size: Bottom-Up Approach
Data Triangulation
After arriving at the overall market size – using the market size estimation process, as explained above, the total market was split into several segments and sub-segments. To complete the overall market engineering process and to arrive at the exact statistics for each market segment and subsegment, the data triangulation and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying various factors and trends from both the demand and supply sides.
Report Objectives
- To describe and forecast the feed enzymes market, in terms of type, livestock, source, form, and region
- To describe and forecast the feed enzymes market, in terms of value and volume, by region–Asia Pacific, Europe, North America, South America, and the Rest of the World—along with their respective countries
- To provide detailed information regarding the major factors influencing the market growth (drivers, restraints, opportunities, and challenges)
- To strategically analyze micromarkets with respect to individual growth trends, prospects, and contributions to the overall market
- To study the complete value chain of feed enzymes
- To analyze opportunities in the market for stakeholders by identifying the high-growth segments of the market
- To strategically profile the key players and comprehensively analyze their market positions, in terms of ranking and core competencies, along with detailing the competitive landscape for market leaders
- To analyze strategic approaches, such as acquisitions, expansions, product launches, and agreements & partnerships, in the market
- This research report categorizes the market based on type, livestock, source, form, and region.
Target Audience
- Feed additive manufacturers and traders
- Feed product distributors
- Enzyme manufacturers and distributors
- Feed manufacturers
- Regulatory side: Concerned government authorities, commercial research & development (R&D) institutions, and other regulatory bodies
- Associations and industry bodies: Food and Agriculture Organization (FAO), International Feed Industry Federation (IFIF), International Fishmeal and Fish Oil Organization (IFFO), Association of Poultry Processors, and EU Association of Specialty Feed Ingredients and their Mixtures (FEFANA)
Available Customizations
Based on the given market data, MarketsandMarkets offers customizations in the reports according to client-specific requirements. The available customization options are as follows:
Product Analysis
- Product matrix, which provides a detailed comparison of the product portfolio of each company
Regional Analysis
- Further country-wise breakdown of the market into Asia Pacific, Europe, and South America based on site of operation
Company Information
- Detailed analysis and profiling of additional market players (Up to five)
Get in-depth analysis of the COVID-19 impact on the Feed Enzymes Market
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Growth opportunities and latent adjacency in Feed Enzymes Market